by Dan Mitchell | Oct 1, 2018 | Blogs, Economics, Free Market
Over the years, I’ve felt compelled to “debunk” various articles, columns, and speeches that fundamentally misrepresented and/or misunderstood key economic issues. A partial list includes Keynesian economics, the Laffer Curve, Obama tax propaganda, Elizabeth Warren’s...
by Dan Mitchell | Sep 27, 2018 | Blogs, Economics, Free Market
Since I’ve been writing a column every day since 2010, you can imagine that there are some days where that’s a challenge. But not today. The Fraser Institute has released a new edition of Economic Freedom of the World, which is like a bible for policy wonks. So just...
by Dan Mitchell | Sep 16, 2018 | Blogs, Economics
I periodically explain that pro-market policies are the best way of helping poor people. The reason rich countries are rich is because they had lengthy periods of limited government, free markets, and the rule of law. And the convergence literature shows that the same...
by Dan Mitchell | Aug 30, 2018 | Blogs, Economics, Free Market
Whether I’m writing about a rich country or a poor country, my research starts with a visit to Economic Freedom of the World. Published by the Fraser Institute in Canada, EFW uses five major factors (fiscal, regulatory, monetary, trade, and quality of governance) to...
by Dan Mitchell | Aug 23, 2018 | Blogs, Economics, Free Market
A key insight of international economics is that there should be “convergence” between rich countries and poor countries, which is just another way of saying that low-income nations – all other things being equal – should grow faster than high-income nations and...
